Coinbase Expands Portfolio With New Listings

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Coinbase, a major player in the crypto exchange industry, has recently expanded its offerings by adding new listings, including Cow Protocol (COW) and EigenLayer (EIGEN). This move is in line with Coinbase’s broader strategy to diversify its crypto portfolio and cater to a global and increasingly diverse user base.

This comes shortly after the exchange’s layer-2 Ethereum network, Base hit a notable milestone. Base’s Total Value Locked (TVL) has surpassed $2 billion, which places it one spot away from Arbitrum, which occupies the number one spot.

Coinbase Welcomes Cow Protocol to Global Markets

By listing Cow Protocol, Coinbase is not only offering another trading option but also highlighting its support for innovative decentralized technologies. Cow Protocol is designed to facilitate secure and cost-efficient trading on Decentralized Exchanges (DEXs).

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This underscores the exchange’s effort in offering a cutting-edge solution that aligns with the growing trend toward Decentralized Finance (DeFi). The exchange disclosed that the Cow Protocol will be integrated into its mobile apps, iOS and Android. This underscores the exchange’s commitment to user accessibility.

In addition, the new listing has the ability to buy, sell, convert, send, receive, or store. Coinbase makes it easy for users to explore new crypto assets while ensuring regulatory compliance and security. What makes this move even more impactful is the inclusion of German residents in this new listing. This signals Coinbase’s ongoing expansion into European markets.

Coinbase Adds EigenLaye to Listing Roadmap

Coinbase has added EigenLayer (EIGEN) to its listing roadmap. This new listing has sparked excitement within the crypto community. This comes as participants are still liable to claim EigenLayer’s new airdrop token, the “stakedrop,” until March 2025. This marks the final step before EIGEN hits exchanges, raising market expectations for a price surge.

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Coinbase’s roadmap provides more transparency for upcoming listings, helping investors make informed decisions. Historically, assets like Zetachain (ZETA) and Gravity (G) saw price jumps after being added to the roadmap. This sparks optimism for a similar trend with EIGEN. However, Coinbase cautions against early deposits as trading won’t be enabled until the listing is finalized.

The stakedrop has seen mixed reactions, with only 15% of the total EIGEN supply being distributed, leading to some disappointment in the community. Despite this, anticipation for EIGEN’s debut on Coinbase continues to grow.

Coinbase International Exchange Unleashes New Listings

Coinbase International Exchange is spotlighted with new listings like Hamster Kombat on the Ton blockchain. Hamster Kombat perpetual futures (HMSTR-PERP) have been added to both Coinbase International Exchange and Coinbase Advanced.

Catizen perpetual futures (CATI-PERP) are also up and running, broadening Coinbase’s range. This move shows Coinbase’s dedication to backing innovative projects and giving traders unique opportunities in the crypto world. With these new assets gaining popularity, Coinbase reinforces its position as a top player in the global crypto market.